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Green Banking / Environmental Issues

Home/Questions and Answers/Green Banking / Environmental Issues

How about Green Banking? Can / should supervisory authorities use Window Guidance and moral suasion?

25 views November 20, 2018 December 9, 2018 cfroagents 0

Obviously, we need an enabling framework to discourage fossil fuels and the other ‘dirty’ investments and we have started working towards that – the EU is just developing the legal framework for green finance but, and this is a big but, this does not replace the discussion about ethics that we need to have. Green finance is about where do you invest, not whether you cheat taxes, financial laws or not.

Answered by: Sven Giegold, MEP

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